As of Day 2, the Brainbees Solutions IPO, associated with FirstCry, is 14% subscribed. The issue has received bids for 67.30 lakh shares out of the 4.96 crore offered. Retail investor interest stands at 58%, while the employee segment is oversubscribed 2.28 times.
Non-Institutional Investors (NIIs) have subscribed 10%, but Qualified Institutional Buyers (QIBs) have yet to place their bids. The IPO has faced lukewarm interest so far, with retail and NII categories underperforming. Investors are advised to stay tuned for further updates.